Why Overpurchasing Is Wasteful TAGS: baseball winter meetings | batch | bulk | china | concession | consulting | continuous improvement | dayton | defects | discounts | excess | hats | inventory | lean | lean blitz | liquid assets | merchandise | motion | operations | overpurchasing | process | production | promotions | purchasing | safety | shipping | six sigma | sports | stand | transportation | up and running | wastes It’s very easy to get caught up in volume discounts – buy more at one time or buy earlier, and we’ll give you a price break on each piece. It …Continue reading →

Toyota Way Principle #3: “Pull” Systems TAGS: baseball | basketball | blitz | concession | continuous flow | excess | floor | footprint | handler | hats | ideal | interval | inventory | jugs | kanban | lean | material | metrics | minimum | multitask | operations | operators | overproduction | perishable | principle | problems | process | pull | quantities | refrigerator | reorder | safety stock | six sigma | space | sports | stands | state | stock | surface | sweet baby ray's | system | toyota way (This is the fourth post looking at the 14 lean principles of The Toyota Way.) The third lean principle of The Toyota Way is a follow-up to the second lean …Continue reading →